"The report won't have an impact on the upcoming Japan-US economic dialogue next week".

"Fixing trade imbalances will be an issue for the USA in its dialogues with China and Japan, while the manipulator threat has been put on the backburner", a Japanese government official told Reuters. North Korea is utterly reliant on China for energy and other forms of trade.

North Korea has defied repeated economic sanctions and global pressure over its nuclear regime, which saw it carry out two tests in 2016 and one so far this year, and has vowed a "merciless response" to any U.S. provocation. Actually, this turnaround has happened after America's confrontation on the issues of Syria and North Korea with Russian Federation and China respectively.

That hope's been around for a long time, and has done little but provide the North with time and space to develop nuclear weapons and ballistic missiles.

This week, in an interview, Trump had indicated that he was backing away from his campaign threat because he felt China hadn't been manipulating its currency in recent months and because labeling it as such now could jeopardize Beijing's cooperation in confronting North Korea.

In its semiannual report to Congress, released on Friday, the Treasury department said no major trading partner met all three criteria, which would earn them the label of a currency manipulator, for the current reporting period.

Yes, well, that would be great.

McMaster told Raddatz that he is working with US allies and China to develop a "range of options" for President Trump to respond if North Korea refuses to end its nuclear program.

New language in the Treasury report citing a history of currency intervention in China, South Korea and Taiwan is in line with what experts say could be eventual changes to the criteria aimed at deterring future manipulation. "After listening for 10 minutes, I realized it's not so easy", the president recounted. "And so I think it's time though, now, to have those tough discussions Russian Federation".

North Korean leader Kim Jong-un's unpredictability has made strategising hard for the United States, according to Donald Trump's national security adviser.

PALM BEACH, Florida- President Donald Trump wrapped up his Easter weekend in Florida Sunday, sharing several messages on Twitter. However, the U.S. Treasury report noted that it will "scrutinize" China's trade and currency intervention practices. He told the Journal never mind, they aren't. "Unfortunately the president's failure to name China a currency manipulator is symptomatic of a lack of real, tough action on trade against China". So the best option for USA is to immediately destroy missile and nuclear bomb-making capabilities of North Korea.

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